Foodshot Global Inc
- Assets
- $657.6k
- Revenue
- $761.1k
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 82-3018724
Organization Overview
Foodshot Global Inc is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Foodshot Global Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foodshot Global Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Foodshot Global Inc generated $761.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $704.8k during the year ending 12/2022. While expenses have increased by 1.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WORKING TO TRANSFORM THE FOOD SYSTEM INTO ONE THAT IS MORE HEALTHY, SUSTAINABLE, AND EQUITABLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOODSHOT CHALLENGE IS AN ANNUAL COMPETITION THAT SEEKS TO IDENTIFY AND SUPPORT SCALABLE, IMPACTFUL, AND INNOVATIVE SOLUTIONS TO GLOBAL FOOD CHALLENGES. DEVELOPMENT AND IMPLEMENTATION INVOLVES:COLLABORATING WITH STAKEHOLDERS TO SELECT THAT YEAR'S CHALLENGE AND CREATE OBJECTIVE, NON-DISCRIMINATORY CRITERIA BY WHICH SUBMISSIONS WILL BE EVALUATED; VETTING SUBMISSIONS; AND PROVIDING IN-KIND AND FINANCIAL SUPPORT TO CHALLENGE FINALISTS AND WINNERS. PROLIFERATING FOODSHOT'S CHARITABLE AND EDUCATIONAL MISSION THROUGH ITS STAKEHOLDERS' NETWORKS AND ISSUING A GLOBAL CALL FOR SUBMISSIONS FOR INNOVATIVE, SCALABLE SOLUTIONS TO ADDRESS THE CHALLENGE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Eckhouse Executive Director | OfficerTrustee | 40 | $190,000 |
Victor Friedberg Chairman | OfficerTrustee | 15 | $64,500 |
Rajiv Singh Co-Chairman | OfficerTrustee | 2 | $0 |
Rebecca Cross Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $760,982 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $760,982 |
| Total Program Service Revenue | $0 |
| Investment income | $137 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $761,119 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| Grants and other assistance to domestic individuals. | $50,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $175,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $254,500 |
| Compensation of current officers, directors, key employees. | $38,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,706 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,101 |
| Fees for services: Accounting | $13,206 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,302 |
| Advertising and promotion | $29,640 |
| Office expenses | $673 |
| Information technology | $4,226 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,482 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,488 |
| All other expenses | $8,502 |
| Total functional expenses | $704,826 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $646,750 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $851 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,000 |
| Other assets | $0 |
| Total assets | $657,601 |
| Accounts payable and accrued expenses | $10,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,000 |
| Net assets without donor restrictions | $266,526 |
| Net assets with donor restrictions | $381,075 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $657,601 |